Mumbai, NFAPost: India is going ahead with its plan to form an incubation fund for the drone industry as part of efforts to make the country reduce its dependency in drone manufacturing.
The government decision comes in the wake of India’s push to decrease Chinese imports after a military offensive in Ladakh’s Galwan Valley. Now China has a monopoly in drome CKD kits as it is assembled here and put software layer for furhter upgradation.
In a report published by Business Standard states that DJI Drones, a Chinese company, has near-monopoly in the domestic drone industry. “The fund being conceptualised by NITI Aayog will aim at bridging the gap between academia and industry so that the entire entire ecosystem of drone manufacturing improves in scale and size,” said a government official.
According to sources familar with the develop, the fund will be known as DISHA (Drone For Infra Security and Agriculture will give Indian startups and manufacturers who are ready to come up with new technologies in drone and unmanned vehicle development and manufacturing.
Besides applying it for home security by wat if surveillance, drone technology has successfully implemented in the recent locust attack in North India which attacked the Kharif crop.
Talking to NFAPost, Omnipresent Robotic Technologies Founder and CEO Akash Sinha said it is a decision in the right direction as country should have self sufficiency in drone technology.
“We have succussfully implmented drone technology in taking on the menace of locusts and we also participated in the mission. Now we should come up with more drone manufacturing facilities across India as its application in defence, homeland security and agriculture is growing like anything,” said Akash Sinha.
Already NITI Ayog has identified development of unmanned aerial vehicle as one of the focus areas in its vision statement and wanted capacity building initiatives in this regard.
Sources said that Ministry of Civil Aviation, which will launch the initiative, will approach public sector banks to manage the fund. The idea of the fund is to make it easier for various drone start-up incubators to access funding. The government is also partnering premier universities to find new solutions in drone technology.
In India, big corporates have already evinced interest in investing in this space, Reliance Group has recently too sake in Ateria Aerospace, a drone technology company with manufacturing capabilities.
The Drone Federation of India, a recently formed lobby group of drone manufacturers, said there is a need for the government to promote research in the sector. “To encourage development of technology, authorised persons may use testing areas for conducting research, testing, and development of electronics,” the federation said in its suggestions to the government.